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Not that many jobs created in the US in July but inline with expectation, NFP is out

News by Newsroom on 08:34 EST August 02, 2019
164,000 new jobs created in line with expectations below the 214,000 the previous month, unemployment rate remains at 3.

Guess what, a depreciating currency does not bring an increase in GDP as UK shows

News by Allie Longford on 10:03 EST August 01, 2019

The pound is hitting multi years lows against the world's main currencies yet the Bank of England just downgraded its forecast for UK growth.

Federal Reserve chairman signals cut in US interest rates

News by Allie Longford on 10:41 EST July 10, 2019

The dollar took a dive against a basket of currencies and the major share indexes opened higher after Fed Chairman Powell's prepared remarks ahead of his testimony whil  2-year yields dropping 7bps in the 5 minutes since the release.

British pound to fall below parity with US dollar

Tech analysis by Simon Kazinsky on 19:18 EST July 08, 2019
The pound remains one of the weakest currencies as the dollar index doesn't look back.

Federal Reserve holds rates but signals cuts possible later this year

News by Allie Longford on 14:45 EST June 19, 2019
The US Federal Reserve held interest rates steady on Wednesday (Jun 19) but signalled possible rate cuts of as much as half a percentage point before year end in response to economic uncertainty and a drop in expected inflation.

EURUSD falls as predicted by technical analysis

Tech analysis by Simon Kazinsky on 12:24 EST June 14, 2019
Can't ask for more.

Bullard says Fed may cut rates if inflation keeps disappointing

News by Newsroom on 12:50 EST May 22, 2019

James Bullard, President of the Federal Reserve Bank of St Louis said on Wednesday that further weakness in inflation could prompt the U.

Wedges are gonna wedge

Tech analysis by Simon Kazinsky on 11:12 EST May 02, 2019
The Standard and Poors 500 index has been developing a nice ascending wedge since reaching the 2800 level in mid February.

Dollar reigns as the European powerhouse sends gloomy signal

News by Newsroom on 09:20 EST April 24, 2019

German business sentiment deteriorated in April as the mood among manufacturers "worsened markedly," the Ifo Institute said Wednesday, dampening expectations of an impending pickup in Europe's largest economy.

Australian dollar showing weakness at key resistance

Tech analysis by Simon Kazinsky on 10:43 EST April 18, 2019
The Australian dollar has been appreciating since the beginning of the year but this may be coming to an end.

Euro declining as manufacturing in a slippery slope in Germany

News by Newsroom on 10:29 EST April 18, 2019

EUR/USD extended on Thursday  its falls after US retail sales beat expectations with 1.

US retail sales post biggest gain in 18 months

News by Newsroom on 10:23 EST April 18, 2019

The Commerce Department said on Thursday retail sales surged by an impressive 1.

Forex brokers Plus 500 and CMC markets losing millions

News by Allie Longford on 09:13 EST April 13, 2019
Retail brokers are having a hard time after EU regulation put an end to the worst tactic used to separate amateur investors from their hard earned money.

Pound breaks lower as Brexit plan rejected by the UK parliament for3rd time. Hard Brexit looms.

News by Newsroom on 10:51 EST March 29, 2019
Theresa May's agreement with the EU has been rejected by Westminster on Friday afternoon for third time.

EURUSD and the resistance rejection we have been waiting for

Tech analysis by Simon Kazinsky on 05:31 EST March 22, 2019
When one is looking at a weekly chart things can move pretty slow, particularly if the instrument is in a consolidation stage.

How is Bitcoin doing lately?

Tech analysis by Simon Kazinsky on 21:50 EST March 17, 2019
Bitcoin has been enduring a painful decline ever since derivatives of the crypto currency started to be traded in major stock exchanges at the end of 2017 but it is sporting at least a temporary breather.

Because technical analysis don't work

Tech analysis by Simon Kazinsky on 14:22 EST February 21, 2019
The SP500 index has tested for fourth time the upper side of the trend channel.

U.S. existing home sales falls sharply to three-year low

News by Newsroom on 13:47 EST February 21, 2019

The National Association of Realtors said on Thursday existing home sales dropped 1.

Classic pump and huge dump of stocks after FED minutes

News by Newsroom on 14:28 EST February 20, 2019

After a dovish stance at the last meeting, the Federal Open Market Committee (FOMC) released minutes from its two-day January meeting on Wednesday.

Pound through the floor as UK's GDP sinks into contraction

News by Newsroom on 04:37 EST February 11, 2019
The UK economy shrank in January by 0,4% according to data released by the ONS on Monday morning.

Canada adds 66,800 jobs in January but unemployment rate rises

News by Newsroom on 09:10 EST February 08, 2019

Canada added 66,800 jobs in January, widely exceeding market expectations, altough the unemployment climbed to 5.

This is were we are in this bubble cycle

News by Newsroom on 10:02 EST February 07, 2019
It is now eleven years since the US and all main major markets found a bottom after the last financial crisis.

German recession fears grow as factory orders tumble

News by Newsroom on 07:45 EST February 06, 2019
After weak January EU services purchasing managers survey data yesterday, with both France and Italy’s readings in contraction territory, bearish data piles in today as German factory orders fell 1.

Don't write the dollar off just yet

News by Simon Kazinsky on 06:03 EST February 06, 2019
The buck still remains in a solid uptrend and it is likely to appreciate against the euro and the pound.

The Euro now poised for another way down

Tech analysis by Simon Kazinsky on 10:56 EST January 17, 2019
Retail traders are buying it but the trend has become clearer since last week.

Non Farm payroll says the US created double the number of jobs than expected

News by Newsroom on 08:34 EST January 04, 2019
But the unemployment rate also climbed up.

Apple profit warning ignites a currency flash crash overnight

News by Newsroom on 09:17 EST January 03, 2019
Apple cut its revenue guidance on Wednesday on the back of weakness in the Chinese market.

Gold will shine in 2019

Tech analysis by Simon Kazinsky on 10:54 EST January 02, 2019
Technical analysis warns of renewed strength for the metal.

The US stock market may see a temporary rebound

News by Simon Kazinsky on 09:36 EST December 16, 2018
The main US indices are approaching an important support that may give temporary relief to an otherwise clear downtrend for the american stock market.

Take a quick look at how your local stock market is sinking

News by Allie Longford on 12:07 EST December 06, 2018
Here is a list of the main stock markets around the world and how fast they are crashing as the first week of December brings extreme weakness across the board.